UACN Property Development Company Plc announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was NGN 984.684 million compared to NGN 608.923 million a year ago. Operating income was NGN 186.594 million compared to NGN 265.582 million a year ago. Net loss was NGN 179.389 million compared to NGN 927.220 million a year ago. Basic loss per share was NGN 0.07 compared to NGN 0.36 a year ago. For the half year, sales was NGN 1,492.429 million compared to NGN 1,200.109 million a year ago. Operating loss was NGN 45.468 million compared to operating Income of NGN 227.742 million a year ago. Net loss was NGN 1,281.523 million compared to NGN 1,820.906 million a year ago. Basic loss per share was NGN 0.49 compared to NGN 0.7 a year ago.